Buy ₹1L Nifty ETF on 1% dip - Day 52

[Keerthi]

[Aarohi]

[Keshav]

You should have been in KOSPI; then you'd need to buy ₹10L.

[Mahesh]

About time our RII showed up, we need you more than ever, king.

[Simran]

[Niraj]

Tranche 2

[Divya]

[Darshan]

Continuing my plan of selling puts with covered calls and buying ₹1L of Nifty ETF whenever Nifty falls 1%.

Current position: 31,113 units @ ₹247.26

Unrealized equity profit: +₹3.18L
Realized F&O profit: -₹10k
Unrealized F&O profit: +₹98k
Realised MTF profit: +₹37k
Unrealized MTF profit: -₹22k
MTF charges: -₹1.4L

Total profit: +₹2.81L
XIRR ≈ +1.5%
Nifty XIRR for same period ≈ +3.8%

You can find Day 51 here: https://www.reddit.com/r/IndianStreetBets/s/jg3lFrHVn1

My tradebooks for equity, F&O and XIRR sheet since the start of this strategy are here: https://drive.google.com/drive/folders/1iEfBIKvD1X6YlshheuJjpmsgaiBr6Lpl

[Ravindra]

RII (Reddit Institutional Investor)

[James]

JK, good to see you back

[Meera]

https://www.reddit.com/r/IndianStreetBets/s/bfmWS1OcfD
4 saal ho gaye bhai, shaadi kar lo ab